REI Lense

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$4,196 (target)

2400 Trinity Ct, Madison, MS 39110

3 beds • 2 baths • 1694 sqft

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This property could be a profitable Mid-Term investment with a projected 11.56% first-year return on $84,003 initial cash invested.

11.56%

Cash On Cash

9.97%

Cap Rate

1.6

DSCR

$4,196

Rent

$809

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,196 income − $3,387 expenses = $809 cash flow

Income$4,196Mortgage P&I$1,63339%Property Taxes$1484%Insurance$1123%HOA$662%Management$50412%CapEx$1684%Vacancy$1263%Maintenance$1684%Other$46211%Cash Flow$809

Investment Breakdown

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Purchase Price

$314k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,003

Downpayment

20%

$62,860

Closing costs

1%

$3,143

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$4,196

Total Expenses

$3,387

Mortgage P&I

39%

$1,633

Property Taxes

4%

$148

Home Insurance

3%

$112

HOA

2%

$66

Property Management

12%

$504

CapEx

4%

$168

Vacancy

3%

$126

Maintenance

4%

$168

Other

11%

$462

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